It's not 'betting' here, that's for gamblers. It is for most, and should be for all, 'investment'. In several senses of the word.
Next thing you'll be saying that shorts 'aid in price discovery' and 'help markets to be efficient'.
So tell me then, when SE3 and then SE2 were unexpected disappointments, did it take the action of shorts to arrive at a new, lower share price and Market Cap? I think not. Short interest was minimal at the time and did not immediately increase. Longs can do it all by themselves, apparently. And given compulsory disclosure and the way the media and information flows work now, in real time, do you think short sellers generally provide anything especially useful?
If you have been trying to place a 'bet' lately, with a nearly infinite number of cross trades at 0.2175 today, for example, then good luck with your betting.
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Last
20.0¢ |
Change
0.015(8.11%) |
Mkt cap ! $573.0M |
Open | High | Low | Value | Volume |
19.0¢ | 20.5¢ | 18.8¢ | $1.839M | 9.285M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 1895959 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 157824 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 957296 | 0.195 |
13 | 1752658 | 0.190 |
9 | 1083513 | 0.185 |
20 | 2364981 | 0.180 |
24 | 1386529 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 157824 | 3 |
0.205 | 2071335 | 23 |
0.210 | 1545302 | 15 |
0.215 | 299189 | 8 |
0.220 | 1090125 | 13 |
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